All GM-Uzbekistan articles
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ArticleGM withdraws from JV with Uzbek government
General Motors has sold off its remaining stake in the GM Uzbekistan joint venture to state-owned company Uzavtosanoat, which held the majority stake in the company. GM Uzbekistan makes Ravon and Chevrolet vehicles at its plant in Asaka.Uzavtosanoat held a 75% stake in the company from 2008 but increased that ...
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ArticleGM Uzbekistan streamlines its supply chain
GM’s joint venture with the government of Uzbekistan – GM Uzbekistan – is expected to make 220,000 vehicles this year, a 37% increase compared to 2017.The OEM has more than halved the delivery time of Cobalt and Malibu vehicles – the two most popular models in the domestic market, the ...
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ArticleGM Uzbekistan suspends vehicle sales over pricing
GM Uzbekistan has suspended finished vehicle sales in Uzbekistan, after failing to carry through a price increase on the domestic market there. The move follows a similar suspension in Russia – its second biggest market after Uzbekistan – for more than two months on similar grounds.Speaking at a press conference ...
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ArticleUzbek government to buy GM’s stake in joint venture
Uzbek state-owned vehicle-maker, UzAvtosanoat, is looking to buy GM’s remaining 10% stake in the joint venture it has with the US carmaker – GM Uzbekistan.The buyout is expected to be complete by the end of the year and follows UzAvtosanoat increasing its original 75% stake in the joint venture to ...
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ArticleGM-Uzbekistan plans production in Kyrgyzstan and Russia
GM's joint venture with the government of Uzbekistan has revealed plans to open assembly plants in neighbouring Kyrgyzstan and in Russia.Jahongir Tillaev, director of sales and service for GM-Uzbekistan, said the move would benefit both the company and its customers, as it would ultimately bring down the price of vehicles ...